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Kraft Foods lowers prices on select coffee

NEW YORK (AP) - That morning cup is getting cheaper.

May 18, 2012 | | Nation








HP poised to eliminate up to 30,000 jobs

PALO ALTO (AP) - Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according to reports published Thursday. The looming cuts cited by Bloomberg News and the technology blog All Things D would trim as much as 9 percent of HP's workforce, ...

May 17, 2012 | | Nation


Parent of Carl's Jr., Hardee's files for IPO

NEW YORK (AP) - The owner of fast-food chains Carl's Jr. and Hardee's is planning to go public again, seeking to raise an estimated $100 million. CKE Inc. says it will use proceeds from the offering to repay debt and for general corporate expenses. It filed preliminary paperwork for the IPO Thursday with the Securities and Exchange Commission. ...

May 17, 2012 | | Nation




Wal-Mart's 1Q profit up 10.1 percent

May 17, 2012 | | Nation


Yahoo's new boss revamps recently created division

SAN FRANCISCO (AP) - Yahoo's new boss is reorganizing a consumer-commerce division created by recently dispatched CEO Scott Thompson. Instead of operating as a separate division, Yahoo's commerce operations will operate within the company's global media team. Interim CEO Ross Levinsohn announced the decision in a memo sent Thursday to Yahoo Inc. employees. ...

May 17, 2012 | | Nation














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